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Search Results 0 to 25 of about 26 (some duplicates have been removed)
KCSMMHZ
Mar 18, 2013 2:30pm PDT
tax of 6.75%. and is not just the terms of the bailout making people here angry. some people feel they are being lied to. >> none of the promises they're making are real. five days ago, they were saying there was no chance for a haircut. now there is this situation than they are promising somehow we will get it back. there is no chance. >> germany has been blamed for insisting on the levee. they say they are open to changes. it includes a levy on deposits under 100,000 euro. the numbers we came up with are the base level. if there is any other way to achieve it, up to 100,000, we would not have the slightest problem. we would have to wait and see. >> given the angry reaction, there does appear to be rethinking going on behind the scenes. >> for more, we cross over live to cyprus to talk to nathan. it looks like the public backlash and international criticism are indeed forcing a rethink on this levy on bank deposits. how much room do they have? >> quite a bit of room as long as they can meet the magic number a 5.6 billion euros which would have been collected from the taxes they w
KCSMMHZ
Mar 22, 2013 2:30pm PDT
government in nicosia backed or it was a few days ago. that includes a controversial tax on bank accounts to fund the bailout. >> people in cyprus brave the storm to protest outside parliament ahead of a crucial few hours for the country. inside, lawmakers are voting on a series of measures designed to help the financially stricken nation meet the terms of an international bailout package. few of the plan's details are known, even to eurozone officials in brussels, but an unpopular one of tax on savings could be back on the table, particularly on bank accounts with deposits of at least 100,000 euros. the plan needs to be in place by monday when the european central bank says it will withdraw financial aid for separate -- separate -- cypriot banks. >> a lot of people will definitely lose their jobs and benefits. >> cyprus needs to raise 5.8 billion in order to qualify for the bailout. its eurozone partners in the imf would then provide 10 billion euros in rescue loans. the fund raising measures under discussion include plans to restructure the country's second biggest lender and tapping st
KCSMMHZ
Mar 26, 2013 2:30pm PDT
. >> let's get a closer look at those market numbers for you now. we stay in europe where the tax not doing a lot on the day, eking out a slight gain. euro stoxx 50 in negative territory. the dow got a little more of a bump, mostly on positive home price data that could indicate an improving u.s. economy. the euro/dollar is currently on the rise. >> as the economic crisis in cyprus deepens, china and russia have announced the creation of an alternative banking system that will provide a counterbalance to the imf and world bank. the leaders of those countries along with those from brazil, india, and south africa are meeting for a summit to hammer out a joint strategy to harvest -- contest their growing economic power. it is likely to focus on infrastructure financing, a direct challenge to seven decades of dominance by the world bank. >> with this summit, the brits are hoping to kickstart development that will bring financial independence. the quintet say they are keen to form a counterbalance to the established powers of the world bank and international monetary fund. the group is con
KCSMMHZ
Mar 20, 2013 2:30pm PDT
beginning, and we look for to continuing the discussions. >> cypress has long been a tax haven for russian companies who have billions of euros in separate banks, but many russians who live on the island are outraged at the proposed levy on their savings. >> this country has cheated us and stolen our money. yes, stolen. it was not their money. we brought it here. we did not earn it here. >> for now, a separate account holders are relieved that parliament shot down the proposal. >> it was time to take a stand. they are sure to find a solution. the separate people are strong. we can take a lot. we have proven that before through many tough times. >> the cypriot government is still searching for any viable solution. even the country's archbishop has offered to help by digging into the pockets of the church. 17 billion euros is the son the island needs to keep afloat, approximately equivalent to the country's economic output, and it is more than the eu is willing to put up without a significant contribution from cyprus itself. >> for more, we can go now live to nicosia where our corres
KCSMMHZ
Mar 25, 2013 2:30pm PDT
goodbye to the low-tax business model that attracted lots of money a broad, a huge number of inking jobs will go. the country's a second-biggest bank, lockheed, will be submerged into the bank of cyprus. that's a, too, will be radically structured. euros will remain frozen. 30% will be taken to help sort out the thanks debts. under this new plan, deposits under 100,000 euros will be protected. the measures will not only affect foreign investors, many will lose out as well. there are barely any provisions with -- people have been supporting themselves in old age. the deposits are now in danger. >> up to now, the people have been extremely calm. and it is the people that have been great, not the politicians in this. the first attempted to deal for cyprus was voted down by the country's parliament. this time around, there approval is not required. >> let's go now live to make who is standing by for us and has the latest. nathan, the president was scheduled to address the nation as of this hour. it is a little bit late. what is he expected to say? >> there have been three delays. i am talkin
KCSMMHZ
Mar 19, 2013 5:30pm PDT
deposit tax of up to 9.9%. in return the country would receive a bailout worth $10 billion or worth $13 billion. the cypriot issued -- the company's banks have been crippled by debt. cyprus is expected to start a fresh round of negotiations with creditors. but the two sides are unlikely to reach an agreement any time soon. >>> insurgents have sent a message on the 10th anniversary of the invags of iraq. they killed at least 50 people and wounded more than 100. a series of bombs exploded in baghdad and several other cities. militants attack with car bombs. the iraq war began before dawn on march 20th, 2003, with u.s. air strikes on the capital. members. administration of former president bush argued that iraq possessed weapons of mass destruction, but u.s. forces failed to find evidence of sum weapons. 120,000 civilians are said to have died from the fighting or from terrorism. u.s. troops pulled out of the country in 2011. >>> the economy's recovering. iraq overtook iran last year to become the second largest oil produce iramong the members of petroleum exporting countries. only sau
KCSMMHZ
Mar 19, 2013 2:30pm PDT
overwhelmingly reject a tax on savings. >> in syria, the government and rebels trade accusations of using chemical weapons in a village near aleppo. >> pope francis officially begins his papacy in rome with a promise to embrace the whole of humanity. >> in a vote expected to have wide ranging consequences, lawmakers in cyprus have delivered a decisive and overwhelming note to a government tax to lead the bank accounts. >> that means government cash for pensions, welfare, and health care could dry up as early as may. parliament voted less than an hour ago, following to be would days of high drama, handing the government and brussels a resounding defeat with no delegates voting in favor of the plan. 36 no votes and 19 abstentions. >> the house speaker had urged mp's to say no to blackmail in the vote on the bureau's own bailout package. his words clearly catching the angry mood in the chambers and on the streets. outside the parliament building, angry crowds also called for a no vote and held up signs, warning that other nations like italy and spain could be next in line. for the late
CSPAN
Mar 18, 2013 7:00am EDT
into taxes. but at any rate, we think early this week we'll have a clear sense of getting this done t. may have to go back to the house if the senate does amend it, and then the house i think would quickly pass it. host: stick with us real quick. senate majority whip dick durbin was on fox news sunday yesterday talking about the continuing spending resolution to keep the government funded and timing on what. i want to play that now. >> this is all very important, i understand, but we have work to be done in just a short period of time. i urge my senate colleagues, let's be sparing in the amends. let's get the c.r. passed. we can do it and do it quickly this coming week. host: before we let you go, if they don't get this done this week railroad company we thinking members may come back from recess next week before the 27th? is there any talk of that? guest: there's been nothing that i've heard, and i mean, i just wouldn't -- i wouldn't be too speaked by this. i think they will get it done early. i think they'll know by today, we'll be able to rough out a schedule after we hear where
CSPAN
Mar 23, 2013 7:00am EDT
as democrats went on record favoring almost $1 trillion in tax increases. little talk about that a later on in the program. for the first 45 minutes of this edition of the washington journal, we are going to be talking about the affordable care act. thirdebrates its anniversary today. it is known as obamacare. we want to find out your thoughts about the affordable care act three years and. here are the numbers, if you want to give us a call -- reach out to also us by social media. you can follow us on twitter, we you canacebook, and send us an e-mail. the address is journal@c- span.org. thatis one of the items came from yesterday's express, the washington post express. the headline -- want to show you and let you listen in to what the president had to say the signing of the affordable care act three years ago, and then we will get to your calls. [video clip] >> it was your work, your commitment come a your unyielding hope that made the surgery possible. when special interests deployed an army of lobbyists, negative ads to preserve the status quo, you did not give up. you hit the ph
CSPAN
Mar 25, 2013 7:00am EDT
i see from other people is family members contribute. they pay their taxes. they may have different circumstances, but they're just as hard working. i think the border generally is insecure. if it was secure, we would not have a drug problem. people always want to blame. pack the bulbto -- pass the buck when they cannot deal with the real issue. that is my opinion. i appreciate you listening. --t: dan tweets in monte writes immigrants legal or illegal, to hand and enough to eat and consume. they help the economy and take jobs from no one. you can share your tweets tith us. -- with us. focusingrom reuters, u.s. immigration detention cost. there was much controversy recently about federal officials releasing hundreds of immigrants from detention centers, ahead of the looming budget cuts. the real issue should be the u.s. taxpayer foot as the bill to retain more than 30,000 people every day. not a group of immigrants to pose little threat to public safety were transferred out of federal facilities last week. and he says that should not be the focus. instead the fact that they're being
CSPAN
Mar 26, 2013 7:00am EDT
grants marriage equality to law- abiding tax paying gay couples in the united states that it is an attack on marriage that is going to destroy marriage. nothing is happening to traditional marriage for people who are straight or heterosexual. continue, theyto will continue to date, to get engaged, they will marry, and they're going to build their lives and families together still. none of that is going to change when gay couples are allowed to do the same. the fact is that throughout the nation's history, gay couples and gay individuals have been paying their taxes, and by paying our taxes, we help support all the legal benefits and protections of marriage. according to the government accountability office, there are over 01100 legal benefits and protections that are given to married couples. we have been subsidizing those throughout the nation's history. yet we are unable to take advantage of those same incentives to marry. that cannot be constitutional. host: let me ask you this. should the court be jumping in at this point? one of the arguments being made by the lawyers for proposition
CSPAN
Mar 22, 2013 7:00am EDT
shouldr, i guess say, in the government, in terms of what they're doing with budget and taxes and everything else. host: we will talk with april -- reporter on the hill. ,et's go to fredericksburg virginia, republican, also a federal worker. caller: hi. i am with the department of defense, and we have done it numerous options on how to deal with the sequester. the department of defense has been hours with the sequester. it has certainly affected the tempo of our work. i think it is going to severely affect defense workers morale in a lot of ways. this is really ridiculous. both senatorsto from june -- virginia. unless they fix this things, i am not going to vote for them. atm looking very closely how my congressman is handling the situation. anything to doing fix it, i will try and vote him out, also. the congressmen are doing themselves a disservice. host: what is actually happening? you laid out a lot of discussions taking place at your workplace and terms of various scenarios, how things can be handled. a few, what is happening? caller: i am in education, and we have civilians
CSPAN
Mar 20, 2013 7:00am EDT
is table e united states is ashley united states is able to disengage even more in terms of tax dollars and present -- presence. to help in the recovery efforts of that country because we bombed the heck out of them. we destroyed the country. until we get to that point, then we are going to have to be , in many ways, invested in iraq, but only in a very limited sense. that is our duty, i think, as americans, but i would hope we would focus more on nationbuilding at home, economic security for our veterans. i would hope we would look at how to create jobs, preserve medicare, medicaid, and social security. i think those are the critical issues we have to turn to in our own country to make sure that americans achieve the american dream. when you look at poverty rates, for example. we need a national strategy to eliminate poverty. i'm working on that with many members now in the house of representatives. there is much work to do here. host: congresswoman barbara lee , inc. for talking to our viewers. i'm delighted to be here. host: coming up, we will talk to doug collins of colorado
CSPAN
Mar 21, 2013 7:00am EDT
tom price, member of the budget committee. he is vice chair and a member of the ways and means tax writing committee. if you would, starts by bringing us up-to-date on where the house is when it comes to the continuing resolution and the 2014 budget. guest: the continuing resolution which funds the government was passed out of the house a couple of weeks ago. the senate has been dealing with that. they passed it last evening. it is back in the house, and we will likely pass that today, which is good news because one of the things that we included was the spending reduction, the appropriate spending reduction so we can try to get this economy back on track. excitingt is an activity that is been on the house floor these past two days. we will likely pass that out of the house of representatives today. this is a budget by paul ryan that will allow us to get to balance. that means the government will stop sending more money than it takes in by the end of the decade, which is really exciting. what that allows us to do is to get the economy rolling, jobs being created and provide more ce
CSPAN
Mar 19, 2013 7:00am EDT
service now paying $114 a month for medicare. or else i lose my provider, and i think that's a tax they are putting on people with -- bilities and trying to got to pay on their disability. and those with legionnaires disease or h.i.v., dirty needles. host: ray, atlanta, georgia, republican party. good morning. caller: good morning. very interesting conversation you're having this morning. i have found that most people pend a fairer amount of time planning for their vacation than for their retirement. i work with a fortune 10 company and have been with them for 28 years so at the water cooler hearing different conversations if you ask people how much money they have in their 401-k, a lot of them have no idea nor do they have any idea on the different plans to put their money in. it's rather appalling, actually. host: ray, how old are you? caller: 52. host: when do you plan to retire? caller: i'm going to work until i'm 62-63 years old. something about public america, i have a -- family members with retirement pensions about $65,000. being in corporate america my pension is nowhere n
CSPAN
Mar 24, 2013 7:00am EDT
invest so much defense these anmissle systems. i feel like sometimes the american tax payer is told we need these systems. we invest all of this money and more likely than that we probably will never use them. we can take the money we are spending in the systems and invest in programs that people can really use. we are told we need the systems but they do not work. at the end it is a big waste of money. i want to know if i am wrong in thinking that way or if there are other people thinking that way. we put all this money in the systems -- we need to be paying money into schools and scholarships and crime and social programs. we put it in a bomb that we probably will never use. host: an estimated $9 billion? guest: every year. reagan's vision, we are not putting a lot of fight dia behind an impregnable shield. i do apologize for being scary but i often try to underscore -- if the north koreans try to attack us i think they would fail, even without missile defense. their missile systems and nuclear weapons would probably not even get this country intact if they tried to put it on a --g-r
FOX News
Mar 24, 2013 12:00pm PDT
investments. i also try to keep my costs down. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. the longest 4g lte battery in a razr thin profile. with 32 hours of battery life that turns an all-nighter, into a two-nighter. the droid razr maxx hd by motorola. droid-endurance. droid-powerful. >> well, a judge may have ruled against his big soda ban, but new york city mayor michael bloomberg is at it again. the target this time, cigarettes. if the mayor has his way, stores in the city may no longer be able to publicly display tobacco products and instead keep them under the counter or behind curtains. the proposed legislation is the latest crackdown by bloomberg who successfully banned smoking in new york city restaurants and bars in 2003 and has since taken on not just the sugary drink
LINKTV
Mar 20, 2013 2:00pm PDT
that money was now available for grand enterprises. the monks' taxes paid for buildings rather than for weapons. these abbeys were meant to serve not only as religious communities, but also as hospices for the emperor. saint florian's abbey, begun in 1689, is the work of an italian and an austrian-- carlo carlone and jakob prandtauer. in true baroque fashion, the new abbey was a stage upon which royal ritual could be played out by the visiting emperor. paradoxically, the stage usually lacked its leading actor, for the emperor himself rarely visited any of the abbeys. but it didn't matter. the object was not imperial housing. it was to make a political point, to bear witness to the unity of christianity and empire. here we're dealing not with the glorification of an individual emperor, but with the need to assert the divine right to rule of an institution, the hapsburg empire. newly victorious over the turks, the austrians believed themselves to be the saviors of christian europe. they proclaimed their triumph in their art and in their architecture. the karlskirche, or charles church
FOX News
Mar 23, 2013 11:00am PDT
don't object to the government taxing, so-called syntaxiin taxing, say he we want to defer the use of that? >> this is a real problem, it's a vision of government which is supposed to lead citizens to virtue. that's very different. that's not the constitutional vision. we have a free society in which people make choices and then accept the consequenceses of those choices. i would add, by the way, i can think of few measures designed to make cigarettes popular again among young people than to put them behind counters and make them seem elicit and cooler than they ought to be. >> this isn't just mike bloomberg's obsession. it's huge in public policy, how would you want to look at behavior of people, seat belt laws and singapore has a mandatory savings program, we do not. another big example, the board that barack obama set up in the middle of obamacare, the 15 people who in medicare will decide which medical practices work and which ones don't and the whole medical community will be asked to comply with this. the bigger question and that board is is an example, where do you draw the lin
Search Results 0 to 25 of about 26 (some duplicates have been removed)